MANILA, Philippines – After a long-running success in residential real estate development in the Metro Manila area,with over 140,000 lots sold in 40 years, Sta. Lucia Group Inc. is set on expanding in the provincial areas, operating on the same objective it has been founded, mainly to provide Filipinos their own homes, and to combat the country’s residential backlogs.
“Although the housing backlog is being addressed, it is still not sufficient. We would like to help the country by providing property ownership to Filipinos,” said David Dela Cruz, executive vice president (EVP) of Sta. Lucia Land.
The real estate giant is responsible for the development of the East Manila area, transformingthe sleepy and underdeveloped suburbs of Antipolo, Cainta, Taytay, Pasig, and Marikina into highly-developed and lively commercial and residential hubs.
More recently, Sta. Lucia has entered into 16 joint venture agreements in Davao, Rizal, Pasig, Laguna and Batangas for the acquisition of land amounting to 34.53 hectares.
Sta. Lucia is upping the ante by developing the countrysides to accommodate residents of a higher market along with a commercial focus. It will also get into a 142-hectare residential and joint venture project where some parts will be earmarked for commercial use by major retail companies.
From up north in Baguio to down south in General Santos City, Sta. Lucia has put up housing, commercial and residential developments. It is in 17 provinces at present and is set to expand to other provinces with over 220 ongoing and finished developments nationwide.